Irish university oncology start-up attracts $95m funding
A new Irish company treatment company, Carrick Therapeutics, has attracted $95 million (€84.5 million) in an initial funding round. The new financial backers to the fledgling company, which aims to build Europe’s leading oncology company, include Arch Venture Partners, one of the largest early-stage technology venture firms in the US, and Woodford Investment Management, a […]
UK pledges £220m tech fund for life science and university sectors
The UK government is set to invest £220m in a package of measures for the life science and university sectors to support the use of cutting edge technologies. The support was announced by the chancellor Philip Hammond over the weekend and half of it will be tailored to help translate medical technology breakthroughs into commercial […]
Madison HealthX Ventures raises first fund
HealthX Ventures, a Madison venture capital firm that invests in digital health care businesses, will announce Sunday that it has raised more than $20 million for a first fund. The fund, which raised the money from about 80 investors, puts money into very early-stage software businesses that solve cost, quality and access issues in the health […]
LSU faculty members are closing in on bringing their inventions to market with funds from the university’s LIFT2 grant program
A new age cooling system that more efficiently powers refrigerators, a data-driven polling analytics program and tools for attaching soft tissue to bone are rarely mentioned in the same breath—or even thought about much by the average person. But by providing proof-of-concept grants to faculty members for these and many other inventions through its Leverage […]
New Nevada InNEVenture Fund to ramp up commercialization with $100K pilot
A new source of proof-of-concept funding has been established to help University of Nevada, Reno faculty, students, staff and recent graduates determine if their technologies and business ideas have commercialization potential and help them navigate the gap between concept validation and obtaining seed funding for their venture. Applications are being accepted through Tuesday, Oct. 12, […]
Thailand pledges $1m to kick off Asean science development fund
After the first Asean Science & Technology Innovation (STI) Forum, held in Bangkok last week, Science and Technology Minister Pichet Durongkaveroj said the forum had come up with three plans to stimulate education in science and technological development in the region. “As host of the event, Thailand proposed providing $1 million in initial investment capital […]
Northwestern receives $10.25 million gift from Galvin family for Kellogg, NUseeds Fund
The Christopher B. Galvin Family Foundation donated $10.25 million to Northwestern, the University announced Monday. The gift brings the total of the $3.75 billion “We Will” campaign to more than $3 billion. The Galvin family has contributed more than $18 million to the University since the campaign launched in March 2014. “Through their meaningful and […]
Johnson & Wales University and Angel Fund Announces The Food Innovation Nexus: a Venture Towards Therapeutic Breakthroughs in Healthy Food and Medicine
Johnson & Wales University (JWU), a world-renowned culinary educator, is no stranger to food innovation. Today it is announcing its newest venture to spur therapeutic breakthroughs at the intersection of healthy food and medicine: The Food Innovation Nexus (FIX). In partnership with three product development entrepreneurs, Michael Allio, Steve Lane and Ken Levy, The FIX […]
Arizona State’s Avnet Innovation Lab to Fund Tech Entrepreneurs
Arizona State University and global technology distributor Avnet are offering $250,000 in grant funding for technology entrepreneurs. The grants are being awarded through the Avnet Innovation Lab, a startup accelerator launched in May in ASU’s Ira A. Fulton Schools of Engineering. Through the lab’s 12- to 18-month program, participants receive monetary support as well as […]
3 Leading Bay Area Research Universities to Partner in $600M Chan Zuckerberg Medical Science ‘Biohub’
The University of California, San Francisco (UCSF), Stanford University and the University of California, Berkeley (UC Berkeley) announced Wednesday they will join forces in a new biomedical science research center funded by a $600 million commitment from Facebook CEO and founder Mark Zuckerberg and pediatrician Priscilla Chan. The San Francisco-based Chan Zuckerberg Biohub, an independent […]